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Bär & Karrer Ltd.

BRANDSCHENKESTRASSE 90, 8027 ZÜRICH, SWITZERLAND
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Work +41 58 261 50 00
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Fax 0041582635393
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www.baerkarrer.ch
Geneva, Lugano, Zug, Zurich

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Bär & Karrer Successful in Appeal Proceedings before the Federal Administrative Court Against the F

August 2018

On 11 May 2016, the French tax authorities requested administrative assistance from the Swiss Federal Tax Administration. The request was made based on lists containing several thousand UBS Switzerland AG account numbers which are or were held by persons presumed to be French residents for tax purposes. The French tax authorities were asking for Switzerland to provide names and dates of birth of the persons connected to the accounts as well as the account balances. UBS Switzerland AG (which the Federal Administrative Court ("FAC") had granted party status in its judgment A-4974/2016 of 25 October 2016) and private individuals directly affected lodged appeals with the FAC against the Federal Tax Administration’s final decisions, which were issued on 9 February 2018.

With its judgment A-1488/2018 of 30 July 2018 the FAC has now ruled on UBS Switzerland AG’s appeal and has concluded that one of the conditions has not been met in this case, namely the prerequisite that the request for administrative assistance must deliver grounds for assuming that the taxpayers involved have failed to comply with their tax obligations; the Court holds that simply having an account in Switzerland is not sufficient. The explanations delivered by the French authorities were insufficient.

The Federal Administrative Court affirms the appeal to the extent as it declares it admissible. The judgement can be appealed before the Swiss Federal Court within the restrictions of Art. 84a of the Swiss Federal Supreme Court Act of 17 June 2005 (i.e. if the legal question at stake is of fundamental importance or if the case is particularly significant for other reasons).

Bär & Karrer successfully represented UBS Switzerland AG before the Federal Administrative Court. The team included Andreas Länzlinger and Roman Huber (both Litigation).

On 11 May 2016, the French tax authorities requested administrative assistance from the Swiss Federal Tax Administration. The request was made based on lists containing several thousand UBS Switzerland AG account numbers which are or were held by persons presumed to be French residents for tax purposes. The French tax authorities were asking for Switzerland to provide names and dates of birth of the persons connected to the accounts as well as the account balances. UBS Switzerland AG (which the Federal Administrative Court ("FAC") had granted party status in its judgment A-4974/2016 of 25 October 2016) and private individuals directly affected lodged appeals with the FAC against the Federal Tax Administration’s final decisions, which were issued on 9 February 2018.

With its judgment A-1488/2018 of 30 July 2018 the FAC has now ruled on UBS Switzerland AG’s appeal and has concluded that one of the conditions has not been met in this case, namely the prerequisite that the request for administrative assistance must deliver grounds for assuming that the taxpayers involved have failed to comply with their tax obligations; the Court holds that simply having an account in Switzerland is not sufficient. The explanations delivered by the French authorities were insufficient.

The Federal Administrative Court affirms the appeal to the extent as it declares it admissible. The judgement can be appealed before the Swiss Federal Court within the restrictions of Art. 84a of the Swiss Federal Supreme Court Act of 17 June 2005 (i.e. if the legal question at stake is of fundamental importance or if the case is particularly significant for other reasons).

Bär & Karrer successfully represented UBS Switzerland AG before the Federal Administrative Court. The team included Andreas Länzlinger and Roman Huber (both Litigation).

Legal Developments by:
Bär & Karrer Ltd.

  • SWITZERLAND - AN OVERVIEW OF GOVERNANCE REGIME

    The basic source of law for Swiss governance rules is the Company Law with its manifold revisions, in particular Articles 620 ss. Swiss Code of Obligations (‘the CO’). In the course of the rather fundamental reform of 1991, corporate governance rules, in particular those relating to the improvement of shareholders’ protection, became law. A new debate was triggered at the beginning of the last decade, in 2000/2001, inter alia as a consequence of the Swissair bankruptcy.
    - Bär & Karrer

Legal Developments in Switzerland

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